2, PALMERS ROAD, WOOTTON BRIDGE, RYDE, PO33 4NA - £260,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 PALMERS ROAD is a large detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £408,761. It was last sold for £260,000 in March 2014, which was around 2% above the average March 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

2 PALMERS ROAD Sold Prices

Land registry data shows two sales for 2 PALMERS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. One of the two 2 PALMERS ROAD sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 10 MAR	£260,000	£255,110	2% above HPI
2001 30 OCT	£130,000	£139,672	7% below HPI

2 PALMERS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 2 PALMERS ROAD sales from October 2001 and March 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2014 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 PALMERS ROAD be worth now?

2 PALMERS ROAD might now be worth an estimated £408,761.

This is based on house price inflation of 57.2%, between March 2014 and December 2024, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.2% inflationary increase is applied to the most recent sale price for 2 PALMERS ROAD of £260,000 on 10th March 2014. For the value to have increased from £260,000 to £408,761 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of 2 PALMERS ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The March 2014 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PALMERS ROAD has not materially changed since March 2014.

How Large is 2 PALMERS ROAD?

2 PALMERS ROAD is 120m² according to the EPC inspection conducted in July 2013. This puts it in the largest 40% of detached houses houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wootton, and where 2 PALMERS ROAD lies on this distribution: 67% of detached houses houses are smaller than 2 PALMERS ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Wootton.

2 PALMERS ROAD: Plot and Title Map

2 PALMERS ROAD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 2 PALMERS ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 PALMERS ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 PALMERS ROAD?

2 PALMERS ROAD is located in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of No. 2 on PALMERS ROAD.